Question: Question # 2 9 of 1 0 0 Which statement is FALSE regarding a broker's lien rights for unpaid commission on residential property? A )
Question # of
Which statement is FALSE regarding a broker's lien rights for unpaid commission on residential property?
A A broker must seek unpaid real estate commission in a court of law and obtain a judgment for the amount owed.
B A ticensee who places a lis pendens on the public records without authorization may be disciplined by the Commission.
C If the parties agree in writing, the broker has a lien right on the seller's net proceeds for unpaid commission.
D It is unlawful for a licensee to place a lien on residential property unless the broker is authorzed to do so in a listing agreement, buyer representation agreement, or a sale contract.
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